NYSE:TECK - Teck Resources Stock Price, News, & Analysis

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$22.41 -0.12 (-0.53 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$22.53
Today's Range$22.34 - $23.02
52-Week Range$18.17 - $30.11
Volume2.64 million shs
Average Volume2.75 million shs
Market Capitalization$12.62 billion
P/E Ratio7.14
Dividend Yield0.67%
Beta1.27
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe. It operates through five segments: Steelmaking Coal, Copper, Zinc, Energy, and Corporate. The company's principal products comprise steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates. It also produces molybdenum, gold, silver, germanium, indium, mercury, and cadmium, as well as chemicals, industrial products, and fertilizers. In addition, the company holds interest in oil sands projects and other interests in the Athabasca region of Alberta; and owns interest in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1906 and is based in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Mining & quarrying of nonmetallic minerals, except fuels
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone604-699-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.69 billion
Cash Flow$5.2606 per share
Book Value$31.55 per share

Profitability

Net Income$2.40 billion

Miscellaneous

Employees9,600
Market Cap$12.62 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

Teck Resources (NYSE:TECK) Frequently Asked Questions

What is Teck Resources' stock symbol?

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources?

Teck Resources announced a quarterly dividend on Tuesday, February 12th. Stockholders of record on Friday, March 15th will be given a dividend of $0.038 per share on Friday, March 29th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, March 14th. View Teck Resources' Dividend History.

How were Teck Resources' earnings last quarter?

Teck Resources Ltd (NYSE:TECK) posted its quarterly earnings data on Wednesday, February, 13th. The basic materials company reported $0.86 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.05. The basic materials company earned $3.25 billion during the quarter, compared to analyst estimates of $3.28 billion. Teck Resources had a return on equity of 10.81% and a net margin of 24.75%. The business's revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.21 earnings per share. View Teck Resources' Earnings History.

When is Teck Resources' next earnings date?

Teck Resources is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Teck Resources.

How can I listen to Teck Resources' earnings call?

Teck Resources will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Teck Resources issued on next quarter's earnings?

Teck Resources issued an update on its fourth quarter earnings guidance on Friday, February, 1st. The company provided EPS guidance of (CAD0.15) for the period, compared to the Thomson Reuters consensus EPS estimate of $1.12.

What price target have analysts set for TECK?

16 equities research analysts have issued 1-year price objectives for Teck Resources' stock. Their forecasts range from $28.00 to $35.00. On average, they expect Teck Resources' stock price to reach $30.00 in the next year. This suggests a possible upside of 33.9% from the stock's current price. View Analyst Price Targets for Teck Resources.

What is the consensus analysts' recommendation for Teck Resources?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Teck Resources.

Has Teck Resources been receiving favorable news coverage?

Press coverage about TECK stock has trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teck Resources earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Teck Resources?

Teck Resources saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 7,329,372 shares, an increase of 46.2% from the January 31st total of 5,013,711 shares. Based on an average trading volume of 3,505,991 shares, the days-to-cover ratio is presently 2.1 days. View Teck Resources' Current Options Chain.

Who are some of Teck Resources' key competitors?

What other stocks do shareholders of Teck Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Micron Technology (MU), Bank of America (BAC), Freeport-McMoRan (FCX), NVIDIA (NVDA), Hudbay Minerals (HBM), Alibaba Group (BABA), Intel (INTC), Ford Motor (F) and Cisco Systems (CSCO).

Who are Teck Resources' key executives?

Teck Resources' management team includes the folowing people:
  • Mr. Donald R. Lindsay B.Sc. Honours, M.B.A, Pres, CEO & Director (Age 60)
  • Mr. Ronald A. Millos CA, Sr. VP of Fin. & CFO (Age 62)
  • Mr. Peter C. Rozee, Sr. VP of Commercial & Legal Affairs
  • Mr. Andrew J. Golding, Sr. VP of Corp. Devel.
  • Ms. Marcia M. Smith, Sr. VP of Sustainability & External Affairs

Who are Teck Resources' major shareholders?

Teck Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Letko Brosseau & Associates Inc. (2.45%), Norges Bank (2.35%), CIBC Asset Management Inc (1.52%), Connor Clark & Lunn Investment Management Ltd. (1.48%), TD Asset Management Inc. (1.33%) and Van ECK Associates Corp (1.19%).

Which major investors are selling Teck Resources stock?

TECK stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Van ECK Associates Corp, Mackenzie Financial Corp, Two Sigma Investments LP, Addenda Capital Inc., Great West Life Assurance Co. Can, TD Asset Management Inc. and Commonwealth Bank of Australia.

Which major investors are buying Teck Resources stock?

TECK stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., CIBC Asset Management Inc, Letko Brosseau & Associates Inc., Waratah Capital Advisors Ltd., Two Sigma Advisers LP, Canada Pension Plan Investment Board and Jennison Associates LLC.

How do I buy shares of Teck Resources?

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Teck Resources' stock price today?

One share of TECK stock can currently be purchased for approximately $22.41.

How big of a company is Teck Resources?

Teck Resources has a market capitalization of $12.62 billion and generates $9.69 billion in revenue each year. The basic materials company earns $2.40 billion in net income (profit) each year or $3.14 on an earnings per share basis. Teck Resources employs 9,600 workers across the globe.

What is Teck Resources' official website?

The official website for Teck Resources is http://www.teck.com.

How can I contact Teck Resources?

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]


MarketBeat Community Rating for Teck Resources (NYSE TECK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  611 (Vote Outperform)
Underperform Votes:  693 (Vote Underperform)
Total Votes:  1,304
MarketBeat's community ratings are surveys of what our community members think about Teck Resources and other stocks. Vote "Outperform" if you believe TECK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TECK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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